Professor Subramanian Replies….

Professor Guhan Subramanian (Harvard) honors us with a response to my February 14 comments on his New York Times op-ed proposal that public companies should eliminate charter-based staggered boards, yet retain the staggered board (which he claims to have shareholder benefits over annually-elected boards) through a provision in the bylaws (which, by the way, the shareholders could eliminate without the board’s consent).

Have a look!

[Jeff Lipshaw]